11. What are the advantages of electronic delivery of bill of lading____? (ABCD)) F; \$ @; }8 ^" x% Z
A. it reduces the cycle time for the forwarding and presentation of documents
# F! o# a" H; k# I" X1 e B. it reduces the costs related to manual document preparation
; t$ }0 f* P4 S! P C. it allows a buyer to take title to the goods once they have arrived at port5 ?3 j$ p ] i/ P! P3 E W
D. an easy-to use online bill of lading generator will save time and provide the documents instantly
l) p# q" ]) X- }* w 12. Which of the following statements are true about bills of lading____? (BC); f! k. a5 Q- Z% e( S
A. when one of the originals being surrender to the carrier, the others are still valid6 W( T5 Y+ w& b5 z9 y$ s4 F$ c8 L1 u+ h
B. the originals are marked as “original” on their face
, I6 w# ^# _/ w+ m6 N% J5 y C. the original bills of lading are proof of ownership of goods% \1 [" q* j7 X: C7 f+ `1 \
D. usually, only one original bill of lading is issued
- D4 m! }* [5 A1 V6 L7 M 13. Which of the following statements is unlikely to be found on a foul bill of lading____? (ABC)6 f3 g2 k* F {+ Q
A. insufficient packing2 ^+ j7 R n* O5 o% I
B. missing safety seal
) @0 Q. L. Y( R9 h C. two cartons short9 j% v. f! _7 L2 v5 P% i C
D. apparent good order and condition
3 Q# A+ B! c5 C+ ~- L) d& T 14. The bunker is payable by the charterer under____. (BC)
- x" l0 W _, t+ u! t/ z+ R A. voyage chartering
' i' ^- e- H" [& j( i+ }9 W B. time chartering, d* t; k7 `4 o1 _1 |
C. bareboat chartering
: |: s* v* F" }9 |6 c2 x D. contract of affreightment
( p+ }; {( F& i7 [+ g) F$ G! `9 Q 15 In the practice of L/C transaction, the buyer is not required to pay for the goods until the arrival of the relevant____. (C)
! `% q, R7 v) B6 o$ x! _+ U. A A. B/L h: H* a& l9 l7 V
B. invoice7 B U; O6 X d* e
C. documents stipulated by L/C
r. C- P% L/ d* i D. L/C9 F% c6 {8 a$ H- Z4 G" U
16. According to documentary credit, the____, on receipt of letter of credit, will have to prepare shipment of the contract goods within the delivery date. (D)! t: K) `- g. C$ T( y2 G
A. agent' V7 G( N" t E, u! r' Z5 O* s
B. customer# D& K# A1 i5 ]7 e# _
C. buyer7 ^7 u) T) W8 k- S& ^ f0 ^" K' n
D. seller |